New International Tax Arrangements (Foreign-owned Branches and Other Measures) Act 2005 (64 of 2005)

Schedule 4   Cross border employee shares or rights

Part 1   Amendments

Income Tax Assessment Act 1997

31   Paragraph 130-83(1)(b)

Omit "to include an amount in your assessable income for the income year in which you *acquired the share or right", substitute "covering the share or right".